- June 23, 2008
- Posted by: David Tabaka
- Category: Market Data, Media, News
For years, The Thomson Corporation was the information giant that rarely talked about its own business.
But since its acquisition of Reuters, which closed this year, that reticence has softened. Thomas H. Glocer, the head of the combined company, is very candid about where he is aiming next.
“For a long time, Bloomberg had it too easy,” he said in a recent interview.
Thomson Reuters is going hard after Bloomberg L.P., which has long been the marquee name on Wall Street for financial information. The companies are in a dead heat: Thomson Reuters has 34 percent of the market for financial data and Bloomberg 33 percent.
Read the full story here: http://www.nytimes.com/2008/06/23/business/media/23thomson.html